Business
‘If You are richer than you should, you will be held to account for it’ – Acting President, Yemi Osinbajo
The Acting President, Professor Yemi Osinbajo has said that anybody found out to have more money than he or she should would be held to account for it. He also said that people who loot the public treasury or their organizations are doing so out of greed, and not because of any political objective of keeping a war chest for the future.
Osinbajo made this remark today at the celebration of Father’s Day at Aso Villa Chapel, during which he also challenged the church to teach the lessons of honesty and integrity.
”Many would say the reason why they steal is because they want to have an arsenal for future political exploits. It is a lie. It is greed. In any case, even if you want to do that, you have no right to do it,” he said.
His message from the pulpit certainly strikes a chord against the backdrop of the avalanche of corruption cases the Buhari administration has been pursuing.
The campaign had suffered some setbacks of late, with controversial verdicts by the court that tend to let go the accused.
Osinbajo, a professor of law and also a pastor of the Redeemed Church felt the church has a role to play.
“If the church says we will not accept you here or that we will expose you if you are stealing the resources of the country or stealing the resources of a private company or other establishment where you work, we would not have the type of problem that we have in this country.”
“In Genesis 18:19. God was speaking about Abraham. And God said he had known him or called him in order that he may command his children and his household after him that they keep the way of the Lord with righteousness and justice that the Lord may bring to Abraham what He had spoken to him.
“In other words, God was saying that He called Abraham, in particular, because he realizes that Abraham will command his household, will command his children to do righteousness and justice and to fear God. And if you back this up with Genesis 12:2, God has spoken concerning Abraham, that He will make Abraham a great nation. Genesis 12:3 says, God said, I will make you a great nation.
“In other words, the role of the father is supposed to be that of building nations, building generations. And Abraham is the example God set for us; of a man who God wanted to be the exemplar of the type of conduct that God expects of fatherhood; a man who will teach his children and children thereafter the way of righteousness and justice and the way of fear of God.
“When I listened to His Eminence, the Prelate of the Methodist Church a few minutes ago, talking about the importance of the type of training that he received as a child in his family, I’m sure many of us here are reminded of that type of training. A type of training where you are taught and reminded about integrity, primarily as the first order of business; that you must be a person of integrity.
You must be truthful, you must be trustworthy, you must be honest, you must be forthright. That is the foundation. And in the days he referred to, Catechism was an important part of our lives. Even just knowing the 10 Commandments was enough to teach you about righteousness, teach you about the way of truth and I think that is very important, especially for us today as Christians.
“Christian fatherhood in particular is a position that God has placed us as exemplar to our nation. The Christian father is the one referred to in Genesis 18:19; the one who will teach the way of righteousness and justice to his children and would teach the fear of the Lord.
And I just want to say to all of our leaders (and I was speaking with few of our Christian leaders just last week, both of the PFN and CAN just last week on various occasions) that it is the role of the church to build this nation. And the church has that role because God has said concerning us that we are the light of the world and we are the salt of the earth. That role is a very, very difficult role.
“We are not to teach the world how to be like the world but to teach the world how to be like the one who saved the world, how to be like Jesus. It is not easy.
“Every time that we come to church, we are told about giving. But we need to talk more about honesty. We need to talk far more about honesty. In the same way we talk about giving, we need to talk more about honesty because just like His Eminence said, Nigeria’s great problem is not the absence of prosperity. It is as he so eloquently put it, that we have enough for our needs but we don’t have enough for our greed.
The greed of many is what has landed this country where it is today. It is the greed of so many; many who have been placed in position of authority. It is their greed that has landed us where we are, where it is difficult to do the sorts of things His Eminence saw in Washington and so many other places. You cannot steal half of the resources of the country and expect to build the sort of things you see in other places.
“And if the church says you are not allowed to steal and we will ostracize you in our midst if you did. If what a man has does not measure up to what he has, if we found that a man has more money than he should have, if a man is earning a salary of a civil servant or a public servant and he has houses everywhere, we have to hold him to account. But he must be held to account in the church. He must be told first in the church we will not allow you here.
If the church says we will not accept you here or that we will expose you if you are stealing the resources of the country or stealing the resources of a private company or other establishment where you work, then we would not have the type of problem that we have in this country. If only the church does so, just the church.
“Just as Christian fathers today, it is our duty as God spoke concerning Abraham in Genesis 18:19, it is our duty to build up a generation of righteous men and women, a nation of just men and women who fear God and puts God above everything else. And I believe that the Almighty God will help us.
“I just pray that the Father of fathers, the One who has called us, one who has saved us will bless each and every father here today in the mighty name of Jesus. The Almighty God who is the great Father of all fathers will ensure that we get everything we need to make our families, to make communities truly great and to make our nation g
Business
Nigeria’s Inflation Drops to 15.10% as NBS Reports Deflationary Trend
Nigeria’s headline inflation rate declined to 15.10 per cent in January 2026, marking a significant drop from 27.61 per cent recorded in January 2025, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics.
The report also showed that month-on-month inflation recorded a deflationary trend of –2.88 per cent, representing a 3.42 percentage-point decrease compared to December 2025. Analysts say the development signals easing price pressures across key sectors of the economy.
Food inflation stood at 8.89 per cent year-on-year, down from 29.63 per cent in January 2025. On a month-on-month basis, food prices declined by 6.02 per cent, reflecting lower costs in several staple commodities.
The data suggests a sustained downward trajectory in inflation over the past 12 months, pointing to improving macroeconomic stability.
The administration of President Bola Ahmed Tinubu has consistently attributed recent economic adjustments to ongoing fiscal and monetary reforms aimed at stabilising prices, boosting agricultural output, and strengthening domestic supply chains.
Economic analysts note that while the latest figures indicate progress, sustaining the downward trend will depend on continued policy discipline, exchange rate stability, and improvements in food production and distribution.
The January report provides one of the clearest indications yet that inflationary pressures, which surged in early 2025, may be moderating.
Bank
Alpha Morgan to Host 19th Economic Review Webinar
Alpha Morgan to Host 19th Economic Review Webinar
In an economy shaped by constant shifts, the edge often belongs to those with the right information.
On Wednesday, February 25, 2026, Alpha Morgan Bank will host the 19th edition of its Economic Review Webinar, a high-level thought leadership session designed to equip businesses, investors, and individuals with timely financial and economic insight.
The session, which will hold live on Zoom at 10:00am WAT and will feature economist Bismarck Rewane, who will examine the key signals influencing Nigeria’s economic direction in 2026, including policy trends, market movements, and global developments shaping the local landscape.
With a consistent track record of delivering clarity in uncertain times, the Alpha Morgan Economic Review continues to provide practical context for decision-making in a dynamic environment.
Registration for the 19th Alpha Morgan Economic Review is free and can be completed via https://bit.ly/registeramerseries19
It is a bi-monthly platform that is open to the public and is held virtually.
Visit www.alphamorganbank to know more.
Business
GTBank Launches Quick Airtime Loan at 2.95%
GTBank Launches Quick Airtime Loan at 2.95%
Guaranty Trust Bank Ltd (GTBank), the flagship banking franchise of GTCO Plc, Africa’s leading financial services group, today announced the launch of Quick Airtime Loan, an innovative digital solution that gives customers instant access to airtime when they run out of call credit and have limited funds in their bank accounts, ensuring customers can stay connected when it matters most.
In today’s always-on world, running out of airtime is more than a minor inconvenience. It can mean missed opportunities, disrupted plans, and lost connections, often at the very moment when funds are tight, and options are limited. Quick Airtime Loan was created to solve this problem, offering customers instant access to airtime on credit, directly from their bank. With Quick Airtime Loan, eligible GTBank customers can access from ₦100 and up to ₦10,000 by dialing *737*90#. Available across all major mobile networks in Nigeria, the service will soon expand to include data loans, further strengthening its proposition as a reliable on-demand platform.
For years, the airtime credit market has been dominated by Telcos, where charges for this service are at 15%. GTBank is now changing the narrative by offering a customer-centric, bank-led digital alternative priced at 2.95%. Built on transparency, convenience and affordability, Quick Airtime Loan has the potential to broaden access to airtime, deliver meaningful cost savings for millions of Nigerians, and redefine how financial services show up in everyday life, not just in banking moments.
Commenting on the product launch, Miriam Olusanya, Managing Director of Guaranty Trust Bank Ltd, said: “Quick Airtime Loan reflects GTBank’s continued focus on delivering digital solutions that are relevant, accessible, and built around real customer needs. The solution underscores the power of a connected financial ecosystem, combining GTBank’s digital reach and lending expertise with the capabilities of HabariPay to deliver a smooth, end-to-end experience. By leveraging unique strengths across the Group, we are able to accelerate innovation, strengthen execution, and deliver a more integrated customer experience across all our service channels.”
Importantly, Quick Airtime Loan highlights GTCO’s evolution as a fully diversified financial services group. Leveraging HabariPay’s Squad, the solution reinforces the Group’s ecosystem proposition by bringing together banking, payment technology, and digital channels to deliver intuitive, one-stop experiences for customers.
With this new product launch, Guaranty Trust Bank is extending its legacy of pioneering digital-first solutions that have redefined customer access to financial services across the industry, building on the proven strength of its widely adopted QuickCredit offering and the convenience of the Bank’s iconic *737# USSD Banking platform.
About Guaranty Trust Bank
Guaranty Trust Bank (GTBank) is the flagship banking franchise of GTCO Plc, a leading financial services group with a strong presence across Africa and the United Kingdom. The Bank is widely recognized for its leadership in digital banking, customer experience, and innovative financial solutions that deliver value to individuals, businesses, and communities.
About HabariPay
HabariPay is the payments fintech subsidiary of GTCO Plc, focused on enabling fast, secure, and accessible digital payments for individuals and businesses. By integrating payments and digital technology, HabariPay supports innovative services that make everyday financial interactions simpler and more seamless.
Enquiries:
GTCO
Group Corporate Communication
[email protected]
+234-1-2715227
www.gtcoplc.com
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